Full-Time

Asset Based Lending Senior Business Development Officer

Confirmed live in the last 24 hours

Bank of America

Bank of America

10,001+ employees

Provides banking and financial services globally

Fintech
Financial Services

Compensation Overview

$125k - $232.5kAnnually

+ Discretionary Incentive

Senior

Denver, CO, USA

Covers clients in Colorado, Nevada, Oklahoma, Utah, and Wyoming.

Category
Business Development
Business & Strategy
Requirements
  • Direct calling experience at the CEO, CFO and MD level
  • Five+ years of experience in ABL Lending
  • Strong oral, written and analytical/credit skills
  • Ability to travel for in-person meetings
  • FINRA 7, 63 and 79 licenses (if not currently licensed, must be completed within 180 days of start date)
  • BBA and/or MBA degree - or equivalent work experience
Responsibilities
  • source new financing opportunities
  • lead deal teams through the analysis, approval and execution phases of a transaction
  • work on sole lender, club and widely syndicated ABL transactions
  • directly call on prospective ABL clients
  • develop an internal referral network of relationship managers and credit product partners in Business Banking, Global Commercial Banking, Global Corporate and Investment Banking and others
  • be a team player with strong relationship management skills in working with internal colleagues and Bank of America to prospective ABL clients and COIs

Bank of America provides a wide range of financial services to individuals, small and medium-sized businesses, and large corporations. Their offerings include banking, investing, asset management, and risk management products. The company serves around 56 million consumer and small business accounts in the U.S. One of its key strengths is its position as a leading wealth management firm, as well as its prominence in corporate and investment banking and trading. Unlike many of its competitors, Bank of America combines a vast network of services with a strong focus on both personal and corporate financial needs. The goal of Bank of America is to help clients achieve their financial goals through comprehensive financial solutions.

Company Stage

IPO

Total Funding

N/A

Headquarters

Charlotte, North Carolina

Founded

1904

Simplify Jobs

Simplify's Take

What believers are saying

  • Focus on digital banking enhances customer experience and operational efficiency.
  • Expansion in wealth management aligns with global trends in personalized services.
  • Partnerships in blockchain solutions offer faster, secure transactions.

What critics are saying

  • Increased competition in credit facilities may impact market share.
  • Large corporations raising capital through share sales could affect liquidity management.
  • Syndicated loan platforms may disrupt traditional lending models.

What makes Bank of America unique

  • Bank of America is a leader in corporate and investment banking globally.
  • The bank is a key player in sustainable finance and green bonds.
  • It heavily invests in AI for risk management and fraud detection.

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